Burkina Faso: Selected Issues
May 28, 2008
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This paper assesses the link between public investment and economic growth in Burkina Faso. It also evaluates Burkina Faso's external competitiveness by using a comparison of REER to its equilibrium levels and a survey-based assessment of overall competitiveness. The report attempts to quantify the impact of rainfall and terms-of-trade shocks on the Burkinabe economy and draws policy measures to lessen external shocks. The report assesses that industrial mining has become a source of foreign exchange and government revenue, which requires transparent management and accountability.
Subject: Economic sectors, Expenditure, Export prices, Foreign exchange, International trade, Mining sector, Prices, Public investment spending, Real effective exchange rates, Terms of trade
Keywords: Africa, CR, custom official, Export prices, Global, import cost, import price, ISCR, Middle East, mining company, Mining sector, North Africa, phase permit holder, public investment, Public investment spending, Real effective exchange rates, Terms of trade, terms of trade shock
Pages:
71
Volume:
2008
DOI:
Issue:
169
Series:
Country Report No. 2008/169
Stock No:
1BFAEA2008002
ISBN:
9781451803952
ISSN:
1934-7685
